Key Takeaways from Macy's (M) Q2 Results - Stifel

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/25/2026

1. DECK
2. RNG
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Key Takeaways from Macy's (M) Q2 Results - Stifel

Macy's (M) Misses Q2 EPS by 6c, Comments on H2 Outlook

August 13, 2014 8:02 AM EDT

Macy's (NYSE: M) reported Q2 EPS of $0.80, $0.06 worse than the analyst estimate of $0.86. Revenue for the quarter came in at $6.27 billion versus the consensus estimate of $6.3 billion. Comps increased 3.4%.

Looking Ahead

Expectations for the second half of 2014 remain on track, with guidance for comparable store growth of 2 percent to 3 percent. However, even with an improved sales trend in the second quarter, the company was unable to make up its sales shortfall from the first quarter. This calculates to expectations for a full-year 2014 comparable sales increase of 1.5 percent to 2 percent. Full-year 2014 comparable sales together... More